Sanjeev Prasad, Senior Executive Director & Co-Head at Kotak Institutional Equities says the despite the tick of green on screen, it is advisable to wait out for a definite solution to global situation. Hopefully, there will not be much impact whatever happens with Fed or Greece, Prasad says.

Trade unions representing workers of Tata Steel in the UK have decided to suspend its June 22 strike action after the steel major approached the Advisory, Conciliation and Arbitration Service (ACAS) to resolve the pension dispute in an independent manner.

There was a sigh of relief on Dalal Street Friday after yesterdayâs steep fall but the Nifty remained below 8000-mark. Banking & financials, select auto and oil stocks led the market higher while the selling in IT and FMCG stocks capped the upside.

Download the FREE moneycontrol.com app and track your investments on the go